Ripple's Argument for Lower Fines in Response to SEC's $2 Billion Proposal
Thursday, 13 June 2024, 22:04
Ripple's Argument for Lower Fines
Ripple is advocating for a decrease in the SEC's proposed $2 billion fine,
Citing Precedence with Terraform Settlement
leveraging the Terraform settlement as precedence.
Negotiation Strategy
The company's case revolves around the comparison between settlements and indicates a strategy to negotiate lower penalties.
Seeking Favorable Outcome
Ultimately, Ripple aims to lessen the financial burden imposed by the SEC through precedent-based arguments, seeking a more favorable outcome.
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